Toronto-based startup Rubikloud has raised $7 million to help retailers use a big-data approach to customer analytics, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The outlook for the retail industry in 2015 looks bright, with lower gasoline prices and decreasing unemployment boding well for consumer spending, Kantar Retail is predicting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Apple Pay has gone live at yet another regional grocery group. The 217 Lucky, Save Mart and FoodMaxx supermarkets in Northern California and Nevada now all officially support Apple’s mobile payment system, their corporate parent announced on Thursday (Jan. 15). Get the Full Story Complete...
Instacart, the grocery delivery startup that just reached a $2 billion valuation, has quietly shifted its business model. Originally it decided on the markup for the products it delivered, but now it largely leaves pricing to the grocers and charges them a fee for its...
True Fit, a startup that guides online apparel shoppers by finding out what’s already in their closets, has passed 5 million users and raised $15 million, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
With the clock ticking down toward the October 2015 deadline for retailers to accept EMV chip payment cards, First Data said it will offer its customers EMV testing tools that have been certified by Visa and MasterCard. Get the Full Story Complete the form to...
China continues to send mixed signals to foreign-owned companies who want to do business in the world’s largest consumer market. On Tuesday (Jan. 13) China’s Ministry of Industry and Information Technology announced that it will now allow wholly-foreign-owned companies to operate in the Shanghai Free Trade...
There’s no doubt that the face of retail is changing. And this week in New York, retailers and the marketers and technologists that work with them are together trying to figure out how to get ahead of that change and turn it into an advantage....
In 2014, the standard understanding of a luxury shopper is out the window thanks to the growing number of wealthy millennials. Once defined as the “man or woman who owned a lavish penthouse condo” with a healthy investment portfolio, The Washington Post took a look...
